SITLA Trust Land Auction Earns $344K for Schools, UofU College of Mines
SITLA held its biannual public auction this week generating $343,900 for two beneficiary endowments, public schools and the University of Utah College of Mines and Earth Sciences. The seven parcels sold totaled a combined 315 acres and are located in Duchesne, Emery, Garfield, and Sevier counties. By law, SITLA retains the mineral estate. All proceeds […]
Treasurer Damschen Announces Record Distributions
Utah State Treasurer David Damschen announced that the Permanent State School Fund will make the largest-ever distribution to Utah schools next year. Schools are slated to receive a record $88.83 million from the Permanent State School Fund in July 2020 – a 7.5% increase from this year’s distribution of $82.66 million and a 20% increase […]
Back to School with $82.66 Million in Trust Funds
Changes to Oil and Gas Royalty Reporting
The agency has made changes to R850-5-300 to clarify the requirements for payors of oil and gas royalty, effective June 1, 2019. Should you have comments or questions, please contact: LaVonne Garrison lavonnegarrison@utah.gov 801-538-5197
New Oil and Gas Rules
The agency has revised its oil and gas rules to update them from the last major revision in 2005. The current rules have been repealed and replaced with these revised rules , effective June 1, 2019. Should you have comments or questions, please contact: LaVonne Garrison lavonnegarrison@utah.gov 801-538-5197
Torgerson Receives Governor’s Award for Excellence
Wildland Seed Permits
#SITLAfunds19 Challenge Winners Announced
Congratulations to Three Peaks Elementary in Iron County School District and L.C. Reading Elementary in Davis School District, this year’s winners of the #SITLAfunds19 Photo Challenge. School LAND Trust Funds are interest income from Utah’s $2.5 billion Permanent School Fund endowment, which are distributed annually to every K-12 school in Utah. Co-sponsored by the School […]
#SITLAfunds19 Photo Challenge Underway
SITLA launched its #SITLAfunds19 Photo Challenge today calling for K-12 public schools to show how they are using their share of a record $74.79 million in School LAND Trust Funds this year. The challenge is open to students, parents, teachers, administrators, school community council members, and principals. Learn more – #SITLAfunds19 Photo Challenge. 2018 winners […]
Two Schools Earn $500 in #BeMined Photo Challenge
Oscarson Elementary in Piute School District and Eisenhower Junior High School in Granite School District submitted winning photographs to the #BeMined Challenge showing how minerals power their classrooms, and won $500 each for science education at their schools. The Oscarson Elementary winning photograph, submitted by teacher Sally James and her fourth grade class, showed student […]